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Module Overview: Should You Sell Panel
Module Overview: Should You Sell Panel

Learn how Homebot is helping you identify and qualify seller leads in your database.

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Written by Homebot
Updated over a week ago

We've taken the market temperature feature one step farther, allowing clients to better understand their selling position, based on the following factors:

Watch our quick video below for an overview. Below the video, we'll go in-depth on just how this feature works.

PRO TIP: Let your clients know about this new feature by sending them a Video Email demonstrating it!


How it works

Clients who have been in their home for at least 6 months will better understand their selling position and whether it might be a good time for them to list.

To do so, we help breakdown the critical factors that go into selling at the right time:

Home Appreciation and Depreciation

  1. High appreciation: If a home has appreciated 5% or more year over year.

  2. Moderate appreciation: If a home has appreciated 3 - 4% year over year.

  3. Slow home value growth: If a home has appreciated 0 > and < 2% or more year over year.

  4. Uncertain appreciation: If a home has depreciated by under 0.25%

Cash Position

We also want to help your client understand their home equity and how it impacts their cash position.

Could pocket cash:

  1. This will show if the homeowner will pocket at least $10k in equity after 6% selling fees.

  2. This will show if the homeowner adjusts the slider for a higher-priced home.

  3. This will show for clients who have enough equity to sell but have been in the home for under two years.

Risky cash position:

  1. This will show if the homeowner will pocket less than $10k and/or has owned the home for under two years.

  2. This will show for clients who have less than $10k in equity and have been in the home for under two years.

Market Temperature Indicator

  1. In high demand or In-demand market: Competition is high, inventory is low.

  2. Balanced market: Competition & inventory are neutral

  3. Cool or Cold market: Competition is low, inventory is high

Learn more about Market Temperature.

We also let your client know how much homes are selling for in their area - allowing them to message you directly with intent to sell:

PRO TIP: Add a customized video to help your client understand their selling indicators.

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